Word: buying
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...think they greatly overestimate the beneficial impact of it," concurs Michael Widner, an analyst at Stifel Nicolaus & Co. "I think that the people who were going to buy have already been lured in by the tax credit. As we extend it each additional month, you'll get a smaller and smaller effect." Also, while some experts applaud the idea of extending the credit beyond first-time buyers, they wonder if the $6,500 credit is large enough to make a serious dent. "The move-up buyer is buying a more expensive product and yet the amount of money being offered...
...market cycles. Sales and pricing ultimately have to be set organically, not by short-term government subsidies, says Bose George, an analyst at Keefe, Bruyette & Woods. "Pricing has to be determined by how much money people have to spend and the interest rates they have to borrow to buy the home," he says. "The tax credit - while it could help in the short-term - is not meaningful in the longer-term." Says Widner: "It postpones the inevitable reconciliation...
...They’ve been working together on Allston,” DiCara said. “That doesn’t mean that Harvard can buy up land and do nothing with it, though...
...poker players who never worked on Wall Street and may have even dropped out of their community college," he says. To him, success is more about reading the opponent. He likens entering an all-in Hold 'Em showdown to a bidding war against some other investment firm trying to buy the same assets he wants to buy. You don't want to be the one to blink, or you'll lose. Says Begleiter: "When I'm good I'm processing everything that's going on around me and making good decisions under pressure." Wait a minute - is he talking about...
...with finding suitable housing for the children, outside of the slums. While Shamim and Azhar have moved into a new 250 sq. ft. apartment in Santa Cruz West, Ali has refused to move out of the slum, saying that 2,500,000 rupees ($50,000) is not enough to buy a flat. "I wanted to live in Bandra, as it is near to Rubina's school and I don't want her to travel a lot to get to school every day. Can you get a flat in Bandra for that amount? I asked them to increase the budget...